BostonPremier Wealth LLC Invests $3.51 Million in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

BostonPremier Wealth LLC purchased a new position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 72,005 shares of the company’s stock, valued at approximately $3,513,000. iShares Cybersecurity and Tech ETF makes up 2.1% of BostonPremier Wealth LLC’s investment portfolio, making the stock its 11th biggest position. BostonPremier Wealth LLC owned approximately 0.40% of iShares Cybersecurity and Tech ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in IHAK. CWM LLC grew its holdings in shares of iShares Cybersecurity and Tech ETF by 1.9% during the third quarter. CWM LLC now owns 12,290 shares of the company’s stock worth $599,000 after buying an additional 233 shares in the last quarter. Warner Financial Inc. boosted its position in iShares Cybersecurity and Tech ETF by 6.8% during the third quarter. Warner Financial Inc. now owns 8,596 shares of the company’s stock worth $419,000 after acquiring an additional 551 shares during the last quarter. Arkadios Wealth Advisors grew its stake in iShares Cybersecurity and Tech ETF by 37.6% during the 3rd quarter. Arkadios Wealth Advisors now owns 11,292 shares of the company’s stock valued at $550,000 after acquiring an additional 3,088 shares in the last quarter. Gimbal Financial acquired a new stake in iShares Cybersecurity and Tech ETF in the 3rd quarter valued at about $3,753,000. Finally, Petra Financial Advisors Inc. lifted its stake in iShares Cybersecurity and Tech ETF by 71.2% in the 3rd quarter. Petra Financial Advisors Inc. now owns 11,266 shares of the company’s stock worth $549,000 after purchasing an additional 4,686 shares in the last quarter.

iShares Cybersecurity and Tech ETF Price Performance

Shares of iShares Cybersecurity and Tech ETF stock opened at $52.01 on Tuesday. iShares Cybersecurity and Tech ETF has a 1-year low of $42.45 and a 1-year high of $52.15. The stock has a market cap of $936.18 million, a P/E ratio of 36.33 and a beta of 1.17. The stock’s 50 day simple moving average is $50.07 and its 200-day simple moving average is $49.01.

iShares Cybersecurity and Tech ETF Company Profile

The iShares Cybersecurity and Tech ETF (IHAK) is an exchange-traded fund that is based on the NYSE FactSet Global Cyber Security index. The fund tracks a market cap-selected and -weighted index of large- and mid-cap companies involved in cyber hardware and software. IHAK was launched on Jun 11, 2019 and is managed by BlackRock.